The $25.6 billion pension fund committed $100 million to Marlin Equity Partners V and $35 million to Marlin Heritage Fund II. Both are middle-market private equity funds, the former dealing at the upper end of the market and the latter at the lower end.

In May 2016, the fund committed $57 million to Marlin Heritage Europe.

The latest Marlin fund commitments represent the pension fund's second and third private equity commitments in 2017. In February, $60 million was earmarked for Veritas Capital Fund VI, according to the report.